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Ever since the publication of Pontryagin's Maximum Principle, the number of its applications to management science problems has been steadily growing. This paper is an up-to-date survey of the applications of the deterministic maximum principle to the three functional areas of management:...
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subproblem, which one may choose to solve via control theory, dynamic programming, or practical engineering considerations. A … control theory formulation is used in the paper as an illustration. These subproblem solutions are then incorporated into a …
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